Molina, Jose Alberto; Vazquez, Iñaki; Andaluz, Joaquín - In: Economics Bulletin 3 (2007) 39, pp. 1-7
This paper analyses the stability of bargaining solutions in a family consisting of two parents and one adult child, by developing a non-cooperative family game. Assuming different bargaining powers between parents and the child, we find that the greater bargaining power of the parents allows...